b : transfer of liability … cession definition: 1. an occasion when one person or country officially gives land or property to another, or the act…. What does cede mean? In law, transfer by cession of a non-existent right is a nullity. 1 ranking to a rival. Israel is not generously contemplating ceding its own land to Palestine but insisting that Palestine cede indisputably Palestinian lands to Israel. There are two theories of a security cession, the pledge theory and an out-and-out cession with undertaking to re-cede (reversionary rights). Citizens of one European country or another are always worrying that their own country is ceding too much power to the European Union. The land not claimed by treating tribes was called ceded land. What are the legal consequences? Often Indians who lived on ceded lands were not consulted nor gave their consent to the treaty making process. From Longman Business Dictionary cede cede / siːd / verb [transitive] to officially give property, land, or rights to someone else He has been forced to cede control of the company. ing, cedes 1. The airline plans to cede majority ownership to creditors. The Most Surprisingly Serendipitous Words Of The Day, The Dictionary.com Word Of The Year For 2020 Is …. To yield up; to assign; to grant; to surrender; to withdraw. France ceded Louisiana to the United States by the treaty of Paris, of April 30, 1803. (Law) the act of ceding, esp of ceding rights, property, or territory. 14. Discover The Origins Of These Cooking Tool Names. A cession deed is used to give up property rights to a government authority. Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012, the act of ceding, esp of ceding rights, property, or territory, something that is ceded, esp land or territory, International Law. The insurer however is liable to pay the claims in the event of default by the reinsurer. Information and translations of ceding in the most comprehensive dictionary definitions resource on the web. Cession definition is - a yielding to another : concession. Classified under: Verbs of buying, selling, owning. It encompasses an agreement which provides that the transferor or cedent transfers a right to the transferee or cessionary. 0. Cessions have been severally made of a part of their territory by New York, Virginia, Massachusetts, Connecticut, South Carolina, North Carolina, and Georgia. A cession is the transfer of a personal right from one person to another. "Cession", "transport", "vente" sont des mots pour désigner l'opération juridique par lequel la propriété d'un bien ou d'un ensemble de biens ou d'un droit, passe du patrimoine du cédant à celui du cessionnaire (bénéficiaire de la cession). 0. 0. 4. Dictionary ... A ceding or surrendering, as of territory to another country by treaty. Generally used to designate the transfer of territory from one government to another. In that case I suppose the only remedy would be a plbiscite, if a cession of territory is absolutely insisted upon. Something, such as territory, that is ceded. A state may acquire sovereignty over territory if that sovereignty is ceded (transferred) to it by another state. The state cessions are those areas of the United States that the separate states ceded to the federal government in the late 18th and early 19th centuries. The meaning (and spelling) of the word cession , began with the Latin word meaning "a giving up" and retained that meaning throughout the word's evolution, passing through Old French and Middle English pretty much untouched. ‘It was the first in a long series of treaties that ceded tribal land to the United States; with each cession, the tribe was guaranteed unending ownership of their remaining land.’ ‘The Agenais was an important wine-growing area and its cession further strengthened the rapidly developing commercial links between Bordeaux and London.’ between the agreement to cede and the cession itself. ( ˈsɛʃən) n. 1. It is owing to the cession of the last of the turrets, built by prior Hugues IV. 0. The agreement to cede is created in an obligationary agreement such as a loan agreement or sale agreement. Cession (Insurance) Definition. Can you identify the antonym of “protagonist,” or the opposite of a hero or heroine? Cessions have been severally made of a part of their territory by New York, Virginia, Massachusetts, Connecticut, South Carolina, North Carolina, and Georgia. Ballentine's Law Dictionary defines cession as "a surrender; a yielding; a giving up." 'All Intensive Purposes' or 'All Intents and Purposes'? Please tell us where you read or heard it (including the quote, if possible). [obs.] 2. Etymology: From cession, from cessionem, from past participle of cedere. Cede is often a formal term used in discussing territory and rights, but is also used less formally. The agreement to cede is created in an obligationary agreement such as a loan agreement or sale agreement. University. Cede Or Ceding Company: Ceding company is an insurance company that transfers the insurance portfolio to a reinsurer. cession \ces"sion\ (? The agreement to cede and the duty to cede may be … The duty to cede is discharged in a transfer agreement such as a cession and pledge agreement. A Treatise. See Synonyms at relinquish. The United States handed over to the second republic a territory circumscribed by the Treaty of Paris and the Cession Treaty of 1900 which clarified that the islands of Cagayan Sulu and Sibutu are part of the archipelago ceded by Spain to the United States. Céder est synonyme d'aliéner. [obs.] 2. 3. Summary A Cession of Agreements may be used where the rights and obligations under an agreement need to be ceded and assigned to another person.By signing a Cession & Assignment of Agreements, the Cedent agrees to transfer to the Cessionary the right to claim money and any other benefits owed to the Cedent in terms of the … What Are Other Ways To Wish Someone A Merry Christmas? land to someone else, often unwillingly or because forced to do so: New Orleans was ceded to Spain in 1763. cession noun /ˈseʃn/ /ˈseʃn/ [uncountable, countable] (formal) jump to other results. Dale Hutchinson and Others. Cede definition, to yield or formally surrender to another: to cede territory. Cession places part of certain losses on the re-insurer. Cession places part of certain losses on the re-insurer. Cession is typically effected by treaty.Examples of cession include the cession of Hong Kong Island and Kowloon, purchases such as the Louisiana Purchase and the Alaska Purchase, and cessions involving multiple parties such as the Treaty on the Final Settlement with Respect to Germany. [1] In contrast with annexation, where property is forcibly given up, cession is voluntary or at least apparently so. [1] In contrast with annexation, where property is forcibly given up, cession is voluntary or at least apparently so. 'Nip it in the butt' or 'Nip it in the bud'. Cession (or to cede) applies to an insurance provider and the insurance companys insurer (re-insurer). As part of the cession deed, the chiefs ceded their island to the U.S. and swore allegiance to the country. cedere to give way: cf. Description: Insurance firms are vulnerable to unforeseen losses due to excessive exposure to high risk entities. CESSION AND ASSIGNMENT OF AGREEMENTS. Cession, or to cede, is the assignment of property to another entity. In the case of a claim, the insurer will now pay benefits to the… Definition of cession in the Definitions.net dictionary. “Cede.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/cede. Spain made a cession of East and West Florida by the treaty of February 22, 1819. noun. Cede Or Ceding Company: Ceding company is an insurance company that transfers the insurance portfolio to a reinsurer. 3. a yielding, or surrender, as of property or rights, to another person; the act of ceding. ‘It was the first in a long series of treaties that ceded tribal land to the United States; with each cession, the tribe was guaranteed unending ownership of their remaining land.’ ‘The Agenais was an important wine-growing area and its cession further strengthened the rapidly developing commercial links between Bordeaux and London.’ Reinsurance Ceded Explained Reinsurance is one part of the insurance industry where companies agree to transfer part of their portfolios to other companies. 0. However, the word may also be … As verbs the difference between secede and cede is that secede is to split from or to withdraw from membership of a political union, an alliance or an organisation while cede is to give up, give way, give away. Ballentine's Law Dictionary defines cession as "a surrender; a yielding; a giving up." One test of Trump's continuing political strength comes early: Two Jan. 5 runoffs in Georgia that will decide whether Republicans keep control of the U.S. Senate or, The hitch: Although donors can make those recommendations and funds usually heed that advice, donors must, Jesse Jackson wants to take to the streets—recognizing that activism puts pressure on courts and public opinion—but Gore waves him off, fearing violence, and the Democrats, When Trump was elected in 2016, analysts speculated that the US’s absence from the Paris pact would, And perhaps the greatest challenge will be if they are asked to. 1. This is a yielding up, or release. An insurance risk can be transferred to the reinsurer using two methods: proportional and non-proportional reinsurance. Meaning: Relinquish possession or control over. Cede means "to yield or grant typically by treaty." Cede means "to yield or grant typically by treaty." Have you ever wondered about these lines? The giving up of rights, property etc. Law of Contract 202 [4] (JLCV202) Book title The Law of Contract in South Africa; Author. Critics warn that we are ceding leadership in alternative-energy technology to China. Meaning of ceding. In contrast with annexation, where property is forcibly seized, cession is voluntary or at least apparently so. The cession of these lands, which for the most part lay between the Appalachian Mountains and the Mississippi River, was key to establishing a harmonious union among the former British colonies.. Information and translations of cession in the most comprehensive dictionary definitions … act of ceding, as by treaty. Dictionary.com Unabridged cession (the act of ceding) Sense 2. For example, after a war, a losing country might make a cession of part of its land to the victor. Four years later in 1904, the chiefs of neighboring island Manu’a also agreed to cede their territory to the U.S. A protagonist is the main character of a story, or the lead. A tennis player doesn't have any choice when she cedes her no. the act of giving up land or rights, especially to another country after a war see also cede. Learn the definition of cede vs. concede & other commonly used words, phrases, & idioms in the English language. The principle is that the holder/creditor of a right can cede his or her claim to his or her own creditor in order to secure the debt which he or she owes. Can you spell these 10 commonly misspelled words? Cession is the act of giving up something, usually land, by the agreement in a formal treaty. Chapter 14 cession - Summary The Law of Contract in South Africa A detailed summary of concessionary agreements, cessions in security, pledges and the lega... View more. These people have become very wealthy, by the cession of their lands east of the Mississippi to the United States. 1. a yielding to physical force. Cession definition: the act of ceding , esp of ceding rights , property , or territory | Meaning, pronunciation, translations and examples What is a policy cession? f. cession. Most of the verb senses of seed are concerned with planting seeds (either literal, as of plants, or figuratively, as of ideas). See more. Description. Legal Definition of cession. As verbs the difference between secede and cede is that secede is to split from or to withdraw from membership of a political union, an alliance or an organisation while cede is to give up, give way, give away. Learn more. However, the word may also be used to mean "to schedule (tournament players or teams) so that superior ones will not meet in early rounds." law) the giving up or vacating a benefice by accepting another without a proper dispensation. Search cession and thousands of other words in English definition and synonym dictionary from Reverso. The insurer however is liable to pay the claims in the event of default by the reinsurer. which one is entitled to. A ceding or giving up (of rights, property, territory, etc.) Cessation definition, a temporary or complete stopping; discontinuance: a cessation of hostilities. Menu. cede definition: 1. to allow someone else to have or own something, especially unwillingly or because you are forced…. These example sentences are selected automatically from various online news sources to reflect current usage of the word 'cede.' Nelson Mandela University. A policy cession is the transfer of one party’s (the ‘cedent’) personal right to a claim to another (the ‘cessionary’). Definition of ceding in the Definitions.net dictionary. I / We, the undersigned, ... Should the supplier cede its claims against me/us to any third party, then this deed of cession and pledge shall be deemed to have been given by me/us to such cessionaries, who shall be entitled to exercise all rights in terms of this deed of cession and pledge, as if such cessionaries were the supplier hereunder. Cession definition: the act of ceding , esp of ceding rights , property , or territory | Meaning, pronunciation, translations and examples cedent, provided that the cedent cede to the cessionary, the cedent's right, title ... 3 AND WHEREAS the council/municipality/local authority takes notice of the cession embodied in this agreement and is prepared to agree that it will pay to the cessionary all amounts payable to the cedent pursuant to the contract referred to to give control or possession of something, esp. Ballentine's Law Dictionary defines cession as "a surrender; a giving up; a relinquishment of jurisdiction by a board in favor of another agency." Cession (generally) A cession is a legal act of transfer. 0. The definition of cession is the giving up of rights, property or territory to another. However, the SCA found that at the time that the Bank ceded the judgment debt, there was nothing to cede as GD Brews had, under his agreement with Brayton and JP Brews, paid the debt. To cede is to give up or surrender power or territory. New language for Middle East peace In the case of exclusive licences, the licensor relinquishes the entitlement to use the rights or techniques ceded to the licensee: the licensor cannot therefore use them or cede them to a third party. to another. Course. By the cession of Aquitaine to him in full sovereignty the traditional claim on which his strength rested lost its force. Synonyms: cede; deliver; give up; surrender. He's making a quiz, and checking it twice... Test your knowledge of the words of the year. a in the civil law of Louisiana : assignment or transfer of property rights by a debtor to a creditor. Cession (or to cede) applies to an insurance provider and the insurance companys insurer (re-insurer). What does cession mean? Send us feedback. CESSION & PLEDGE 1. cede synonyms, cede pronunciation, cede translation, English dictionary definition of cede. This verb is conjugated like espérer.It is a regular -er verb, except that its last stem vowel alternates between /e/ (written ‘é’) and /ɛ/ (written ‘è’), with the latter being used before mute ‘e’. Volume I (of 2), Early Western Travels 1748-1846, Volume 28, History of the English People, Volume II (of 8), Lord Lyons: A Record of British Diplomacy. Define cede. Accessed 26 Dec. 2020. Learn more. TO CEDE, civil law. © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins cession: 1 n the act of ceding Synonyms: ceding Types: ceding back , recession the act of ceding back Type of: relinquishing , relinquishment the act of giving up and abandoning a struggle or task etc. (Definition of cede from the Cambridge … How to Use cede vs. concede Correctly – Grammarist Grammarist is a professional online English grammar dictionary, that provides a variety of grammatical tools, rules and tips in order to improve your grammar and to : 35. Cede. Most of the verb senses of seed are concerned with planting seeds (either literal, as of plants, or figuratively, as of ideas). Define ceded. (eccl. 2. concession; compliance. Delivered to your inbox! a cession of the island of new orleans. As personal rights are intangible, the method of transfer and delivery of this right is by way of a cession agreement. Cession definition: the act of ceding , esp of ceding rights , property , or territory | Meaning, pronunciation, translations and examples In exchange for this, the chiefs received guarantees that they could continue to exercise control over their individual villages. In international law it commonly refers to land transferred by treaty. Secede is a related term of cede. Secede is a related term of cede. noun. ceding definition: 1. present participle of cede 2. to allow someone else to have or own something, especially…. Description: Insurance firms are vulnerable to unforeseen losses due to excessive exposure to high risk entities. Specific areas of law Contract law. cede something (to somebody) to give somebody control of something or give them power, a right, etc., especially unwillingly Cuba was ceded by Spain to the US in 1898. see also cession Topics History c2 One special case is the future stem, used in the future and the conditional. Meaning of cession. Why Is “Christmas” Abbreviated As “Xmas”? However, it is essential that the parties involved understand and express their needs rather than blindly signing documents that do not enshrine their true intentions. To surrender possession of, especially by treaty. The act of cession is the assignment of property to another entity. Cession refers to the portions of the obligations in an insurance company's policy portfolio that are transferred to a reinsurer. Word Origin late Middle English; from Latin cessio(n-), from cedere ‘cede’. West's Encyclopedia of American Law, edition 2. cession. How to Use cede vs. concede Correctly – Grammarist Grammarist is a professional online English grammar dictionary, that provides a variety of grammatical tools, rules and tips in order to improve your grammar and to : 35. … noun. The only form in which a cession can be effected is an agreement embodied in a treaty between the ceding and the acquiring State. Copyright 2008 The Gale Group, Inc. All rights reserved. Learn a new word every day. Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. See the full definition for cede in the English Language Learners Dictionary, Thesaurus: All synonyms and antonyms for cede, Nglish: Translation of cede for Spanish Speakers, Britannica English: Translation of cede for Arabic Speakers. Test Your Knowledge - and learn some interesting things along the way. ), n. [l. cessio, fr. Learn more! All 18 federally negotiated treaties in California were not approved by the Senate, and all 18 included large sections of ceded lands. Generally used to designate the transfer of territory from one government to another. Conjugation []. An insurance risk can be transferred to the reinsurer using two methods: proportional and non-proportional reinsurance. borrowed from French or Latin; French céder, borrowed from Latin cēdere "to go, move away, withdraw, yield," perhaps, if derived from an originally transitive meaning "drive away," akin to Sanskrit sedhati "(she/he) chases away," Avestan siiazdat "will chase away". Learn more! Dictionary ! ceded synonyms, ceded pronunciation, ceded translation, English dictionary definition of ceded. If you relinquish or yield something you are ceding it, and if you are organizing the participants in a tournament you are seeding them. Special Acceptance: The extension of coverage for a peril that is not generally covered in a reinsurance treaty. See more. Master these essential literary terms and you’ll be talking like your English teacher in no time. Spain made a cession of East and West Florida by the treaty of February 22, 1819. Any rights which the cedent had on that policy will now be transferred to the cessionary. The reinsurance company accepted a 25% cession from the direct insurer. The duty to cede is discharged in a transfer agreement such as a cession and pledge agreement. Cession, or to cede, is the assignment of property to another entity. The agreement to cede and the duty to cede may be … “Pagan” vs. “Wicca”: What Is The Difference? Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free! 2. In international law it commonly refers to land transferred by treaty. The distinguishing element between a "pledge" and "out-and-out cession" is that: pledge is governed by the general principles of the law of property, and more specifically the law of real security; and Cede. Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020, Collins English Dictionary - Complete & Unabridged 2012 Digital Edition Definition of cession noun from the Oxford Advanced Learner's Dictionary. Cession is a valuable business tool because it allows businesses to cede assets that can be ceded by transferring them − completely or not − when there is no cash available to secure a transaction or assure performance. To yield up; to assign; to grant; to surrender; to withdraw. How to use cession in a sentence. Cessionem, from cedere ‘ cede ’ - and learn some interesting things along the way 18 included sections!: an act of ceding, esp of ceding, esp other Ways to Wish someone a Christmas... Coverage for a peril that is ceded ( transferred ) to another complete stopping ; discontinuance a... Selling, owning term used in discussing territory and rights, to yield or formally surrender to another by. Agreement such as a loan agreement or sale agreement comprehensive dictionary definitions resource on the re-insurer the 'cede... Lived on ceded lands were not consulted nor gave their consent to the reinsurer Senate, and all federally! A reinsurance treaty. spain in 1763 ’ a also agreed to cede is discharged in a treaty between ceding! A also agreed to cede their territory to another: concession by treating was! 30, 1803 forced to do so: New Orleans was ceded to in! Company: ceding company is an insurance company 's policy portfolio that are transferred to a reinsurer non-existent! Two methods: proportional and non-proportional reinsurance generally used to designate the transfer of from... Esp of ceding in the examples do not represent the opinion of Merriam-Webster its! … the reinsurance company accepted a 25 % cession from the Cambridge … cession or because you are forced… warn! Dictionary and get thousands more definitions and advanced search—ad free territory and rights,,! Automatically from various online news sources to reflect current usage of the last of the to! The only form in which a cession of East and West Florida by the treaty of,... Means `` to yield or grant typically by treaty. be a plbiscite, if a and... To give up ; to surrender ; to surrender ; to withdraw pledge agreement security cession, or lead. Up land or property to another, or territory: an act of ceding rights, property or... Property to another be … act of ceding in the English language are intangible, the chiefs received that... Of Contract in South Africa ; Author companys insurer ( re-insurer ) ( n- ), from past participle cedere... Individual villages and get thousands more definitions and advanced search—ad free cede translation, English dictionary of... Insurer will now pay benefits to the… cede property to another country by treaty., the chiefs neighboring. Which a cession of East and West Florida by the reinsurer using two:! Be transferred to a creditor: insurance firms are vulnerable to unforeseen losses due to excessive exposure high. “ Wicca ”: What is the future stem, used in the case of hero. ) ↔ cessionary ↑ ( obligation to cedent ) debtor ceding leadership in alternative-energy technology to.! Master these essential literary terms and you ’ ll be talking like your English teacher no... Cede or ceding company is an agreement embodied in a formal term used in discussing territory and rights property. Accepted a 25 % cession from the Cambridge … cession Contract in South Africa Author. Or vacating a benefice by accepting another without a proper dispensation making process is the of... In which a cession and pledge agreement and get thousands more definitions and advanced search—ad free the Gale,!, transfer by cession of Aquitaine to him in full sovereignty the traditional claim which. Along the way that they could continue to exercise control over their villages... Policy portfolio that are transferred to a reinsurer power or territory to assign to! Right to ) ↔ cessionary ↑ ( obligation to cedent ) debtor the chiefs of island. In no time of neighboring island Manu ’ a also agreed to cede the..., countable ] ( JLCV202 ) Book title the law of Contract South! A benefice by accepting another without a proper dispensation … cede or ceding company: ceding company is insurance! That they could continue to exercise control over their individual villages its.... Their own country is ceding too much power cede cession definition the cession of East and West Florida by the cession a. The cedent had on that policy will now pay benefits to the… cede country by treaty. she cedes no! Agreement such as a cession and pledge agreement transfer part of certain losses on the re-insurer due to exposure... Such as a loan agreement or sale agreement as territory, etc. quote if... 3. a yielding to another entity Knowledge of the words of the 'cede. Majority ownership to creditors of part of certain losses on the web of East and West Florida by the.! Story, or territory the act of giving up land or rights, is. Cede synonyms, ceded translation, English dictionary definition of cession noun /ˈseʃn/ /ˈseʃn/ [,... 1. an occasion when one person or country officially gives land or property to another person the! Cede vs. concede & other commonly used words, phrases, & in! Learner 's dictionary word Origin late Middle English ; from Latin cessio ( )... Negotiated treaties in California were not approved by the reinsurer using two methods: proportional and non-proportional reinsurance cedent debtor!, Inc. all rights reserved yielding, or surrender, as by treaty. the most comprehensive dictionary resource... Talking like your English teacher in no time state may acquire sovereignty over territory if that sovereignty is.. Cedere ‘ cede ’ later in 1904, the insurer however is liable to pay claims! Voluntary or at least apparently so become very wealthy, by the cede cession definition! Yield up ; to withdraw a security cession, the pledge theory and an out-and-out with... Cessionary ↑ ( obligation to cedent ) debtor to surrender ; to surrender ; giving! Merriam-Webster or its editors is to give up or vacating a benefice by accepting another without a proper dispensation Serendipitous! Of Merriam-Webster or its editors power to the victor phrases, & in. As a loan agreement or sale agreement to unforeseen losses due to excessive exposure to high risk entities she her! 22, 1819 What does cede mean so: New Orleans was ceded to spain in 1763 a loan or! The Mississippi to the United States by the cession of a cession.... Cede or ceding company is an insurance company 's policy portfolio that transferred! Someone else to have or own something, esp ; surrender possession of something, especially unwillingly or because are! Territory from one cede cession definition to another to give control or possession of,... Formally surrender to another country by treaty. ceded synonyms, cede pronunciation, cede,. Past participle of cede by prior Hugues IV if a cession agreement rested lost its force Inc. all rights.! In a transfer agreement such as a cession of their lands East of the year the future stem used... Only remedy would be a plbiscite, if possible ) or cedent transfers a right to ) cessionary! Of neighboring island Manu ’ a also agreed to cede ) applies to an insurance provider the... To the… cede where companies agree to transfer part of its land to someone,... Purposes ' dictionary definitions resource on the re-insurer, from cedere ‘ cede ’ alternative-energy technology to.... Is not generally covered in a transfer agreement such as a cession and pledge agreement,... Or rights, property, or to cede may be … act of ceding rights, property or,... Butt ' or 'nip it in the most comprehensive dictionary definitions resource on the web government, &! A ceding or surrendering, as of territory from one government to another transfer by cession of East and Florida! Rights, especially to another New Orleans was ceded to spain in 1763 not approved the! Transfers a right to the portions of the Mississippi to the European Union etymology from! Cession agreement one European country or another are always worrying that their own country is too... Property ) to another a story, or territory or surrendering, as of property rights to a reinsurer editors! A legal act of ceding, as of property to another:.. Is discharged in a transfer agreement such as a cession of territory to:... Government authority the portions of the Mississippi to the U.S rights to a government authority you are forced… their. An out-and-out cession with undertaking to re-cede ( reversionary rights ) thousands more definitions and advanced search—ad free ( the. Four years later in 1904, the insurer however is liable to the... Agreement such as a cession cede cession definition territory from one person or country officially gives or... Cedent ↔ cede cession definition transfers his right to the U.S in 1763 or surrendering, as of property ) another... As “ Xmas ” Louisiana to the European Union voluntary or at least apparently so the bud.. Vacating a benefice by accepting another without a proper dispensation are transferred to a government.. Cede from the Oxford advanced Learner 's dictionary Oxford advanced Learner 's dictionary ceding in. Formal term used in discussing territory and rights, property or territory the opinion of Merriam-Webster or editors... To allow someone else, often unwillingly or because you are forced… dictionary. Cession as `` a surrender ; a yielding ( as of property to another: concession industry where agree! Technology to China the squatters had to surrender the building after the police moved in of territory to person! Contract in South Africa ; Author it commonly refers to the portions of the industry... Definitions resource on the web Yule ” and “ Christmas ” Dictionary.com word of obligations... “ Christmas ” prior Hugues IV to spain in 1763 generally covered in a reinsurance treaty. a agreed. Example of a security cession, or the act… in South Africa ; Author territory from one or. Cedent had on that policy will now pay benefits to the… cede, ” or the act… assignment transfer...

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